/NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE
TORONTO, Oct. 31 /CNW/ - Further to a press release dated October 15,
2007, wherein Moss Lake Gold Mines Ltd. ("Moss Lake") announced a proposed
offering of 2,424,242 common shares issued on a flow-through basis pursuant to
the Income Tax Act (Canada) (each a "Flow-Through Share") at a price of $0.33
per Flow-Through Share and 1,600,000 units (each a "Unit") at a price of $0.25
per Unit (the "Offering"), Moss Lake is pleased to announce that it intends to
increase the number of Flow-Through Shares to be issued under the Offering
from 2,424,242 to 2,464,593, being an increase in gross proceeds of
$13,315.69. The additional issuance remains subject to the approval of the TSX
Venture Exchange, and the Offering is expected take place early next week.
All securities issued under the Offering are subject to a four month hold
period as required by the TSX Venture Exchange.
The TSX Venture Exchange does not accept responsibility for the adequacy
or accuracy of this release.
Moss Lake Gold Mines Ltd trades on the TSX-V under the symbol "MOK" and
has 39.6 million shares issued and outstanding.
For further information:
For further information: George Mannard, President, or Donovan Pollitt,
VP Corporate Development, 8 King St. East, Suite 1305, Toronto, ON, M5C-1B5,
Toll Free: 1-866-4-WDO-TSX, Phone: (416) 360-3743, Fax: (416) 360-7620, Email:
firstname.lastname@example.org, Website: www.mosslakegold.com